Morro Bay, floating wind turbine concession

In Morro Bay, off the coast of California, authorities grant permission for the construction of a 2GW offshore wind farm.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

In Morro Bay, off the coast of California, authorities grant permission for the construction of a 2GW offshore wind farm.

A successful auction

In Morro Bay, the U.S. Bureau of Ocean Energy Management (BOEM) selects Golden State Wind to create the park. This wind farm includes management rights for 32,500 hectares of sea. Golden State Wind is a joint venture between Ocean Winds (OW) and Canada Pension Plan Investment Board (CPP Investments).

The auction included five areas off California. The awarded area is the first sale of a floating offshore wind lease in the United States. The sale was under the jurisdiction of BOEM.

Ocean Winds is already developing 4GW of offshore projects in the northeastern United States. The company has Mayflower Wind off the New England coast. In addition, it also manages Bluepoint Wind off the coast of New York and New Jersey.

An experienced company

Bautista Rodríguez, CEO of Ocean Winds, says:

“As a pioneer in offshore floating wind and as a company that believes in its ability to generate clean energy and create local opportunities around the world, Ocean Winds is very proud of the award of this new project in the first U.S. offshore floating wind concession auction. We are committed to standing with the country and California in achieving their clean energy goals, while building a new national market that creates jobs and is vibrant for the local economy.”

Ocean Winds has over 10 years of experience in floating wind energy. The company markets Windfloat Atlantic, the world’s first fully operational floating wind farm.

In Morro Bay, Golden State Wind’s concession will generate 2GW of wind power. Thus, it will be able to supply the equivalent of 900,000 homes. California’s ambition is 5GW of floating wind by 2030.

This brings the U.S. closer to its goal of 15GW of floating wind turbines by 2035. In addition, Ocean Wind already has a significant portfolio of floating projects in Europe and South Korea. Its technology aims to conquer California.

The Kagurayama onshore wind farm (61.1 MW) begins operations under a secured 2017 FIT tariff, despite grid injection limits and a multi-stakeholder local governance model.
The Trump administration has ordered the immediate halt of five major offshore wind construction sites in the Atlantic, citing national security threats and drawing mixed reactions from industry and political circles.
Policy reversals, reduced performance and corporate disengagement marked an unprecedented slowdown in wind power in 2025, although China continued its expansion at a steady pace.
The Québec government has approved three wind projects totalling 792 MW to meet growing energy demand and support regional economies in Bas-Saint-Laurent and Capitale-Nationale.
French group ENGIE has officially commissioned the Serra do Assuruá complex in the State of Bahia, making it its largest onshore wind project worldwide.
RWE signed a 15-year power purchase agreement with Indiana Michigan Power for the Prairie Creek project, aimed at supporting Indiana’s growing electricity demand starting in 2028.
EDP has signed a long-term electricity supply agreement with Energa for a 322 MW hybrid portfolio combining wind and solar, marking one of the largest contracts of its kind in Poland.
Ocean Winds has deployed a LiDAR buoy off Gippsland to collect accurate data on wind and currents, a key step in its 1.3 GW offshore wind project in Australia.
A consortium led by EDF power solutions has signed a 20-year agreement with Nama PWP to develop a 120 MW wind farm in southeastern Oman, with commissioning scheduled for Q3 2027.
Casa dos Ventos awards Vestas the supply, construction and maintenance of a 184-turbine complex in the state of Piauí, with an investment exceeding $1.01bn.
Warsaw tests long-term support for offshore wind with a structured tender to maximise competition, reduce financial risk and reassure a supply chain under pressure across Europe.
TotalEnergies has sold 50% of a portfolio of wind and solar projects in Greece to Asterion Industrial Partners, valued at €508mn ($554mn), while retaining operational control and the main share of electricity marketing.
Italy’s offshore wind rollout remains at a standstill, freezing over 18 GW of pending projects and weakening national renewable energy targets.
German manufacturer Nordex has secured an order for 34 turbines for a 200 MW project in the Canadian province of New Brunswick, marking its first entry into this region.
OX2 has started construction on three new onshore wind farms in Finland, bringing its total installed capacity in the country to 750 MW, a record level for a private energy sector player.
Italian group Enel has acquired two onshore wind farms in Germany for an enterprise value of €80mn ($86.5mn), strengthening its presence in a stable and strategic market as part of a targeted asset transfer.
EDF power solutions announces commercial operation of the San Kraal wind farm, the first unit of the 420MW Koruson 1 project, with full commissioning expected in early 2026.
Q ENERGY has announced the entry of three local and citizen-based partners into the capital of the Ventajou wind farm, marking its first strategic equity opening to institutional and community investors.
The Norwegian government has allocated two areas of the Utsira Nord project to the Equinor–Vårgrønn and EDF–Deep Wind Offshore consortia, launching a preparatory phase before a competitive state aid auction.
German group RWE has replaced 27 old turbines with three new high-performance units at its Muel wind farm, doubling energy output and earning ZeroWaste certification.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.